A clear process from valuation to assignment
VITA Market buys selected existing endowment policies from
5 Step timeline
01
Submit details
Share policy basics
(and a statement if available).
03
Verification
Confirm policy status,
premium schedule, and assignability.
05
Completion
Transaction finalised once
assignment and conditions are met.
02
Indicative valuation
We provide a preliminary
range/offer subject to checks.
04
Agreement & assignment
Sign documents and complete
insurer assignment process.
01
Submit details
Share policy basics
(and a statement if available).
02
Indicative valuation
We provide a preliminary
range/offer subject to checks.
03
Verification
Confirm policy status,
premium schedule, and assignability.
04
Agreement & assignment
Sign documents and complete
insurer assignment process.
05
Completion
Transaction finalised once
assignment and conditions are met.
Regulatory / risk note
(for investors and policyholders):
MoneySense highlights that MAS does not regulate the sale/purchase/distribution of traded endowment policies, and an investor who buys such a policy is obligated to pay premiums until maturity (and maturity timing can be uncertain).